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- H.R.6999
H.R.6999: Conservation Capital Gains Exclusion Act of 2018
About This Bill
- Introduced Sept. 28, 2018
- Latest Major Action Sept. 28, 2018
Bill Sponsor
Bill Version
- Introduced in House - Sept. 28, 2018
Bill Summary
Conservation Capital Gains Exclusion Act of 2018 This bill amends the Internal Revenue Code to exclude from gross income, for income tax purposes, any gain from the sale of land or a qualified real property interest to a qualified organization exclusively for conservation purposes. A "qualified organization" includes certain governmental units and tax-exempt organizations. A "qualified real property interest" is any interest in real property...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 28, 2018 |
Referred to the House Committee on Ways and Means.
|
| Sept. 28, 2018 |
Introduced in the House by Mark Meadows (R-N.C.) |